Alpha Units Holdings, Inc. - Dec 19, 2024 Form 4 Insider Report for ALLIANCEBERNSTEIN HOLDING L.P. (AB)

Role
Affiliate of holder of general partnership units.
Signature
/s/ Michael Brudoley, Assistant Secretary, Alpha Units Holdings, Inc.
Stock symbol
AB
Transactions as of
Dec 19, 2024
Transactions value $
$0
Form type
4
Date filed
12/19/2024, 04:30 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AB Units Other $0 -1.44M -100% $0.00 0 Dec 19, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Units Representing Assignments of Beneficial Ownership of Limited Partnership Interests ("Holding Units") in AllianceBernstein Holding L.P. ("Holding").
F2 On December 19, 2024, AllianceBernstein L.P. ("AB") entered into a Master Exchange Agreement ("Exchange Agreement") providing for the issuance by AB of up to 10,000,000 units ("AB Units") representing assignments of beneficial ownership of limited partnership interests in AB to Equitable Holdings, Inc. ("EQH") and any of its wholly-owned subsidiaries in exchange for an equal number of Holding Units owned by EQH and such subsidiary, with such exchanges to occur from time to time over the next two years. Each Holding Unit so exchanged will be retired following such exchange. At the time the Exchange Agreement was entered into, AB and EQH exchanged 3,766,838 AB Units and AB and Alpha Units Holdings, Inc. exchanged 1,444,356 AB Units, in each case for an equal number of Holding Units (thereby reducing the 10,000,000 AB Units available for future exchange), and the acquired Holding Units were retired.

Remarks:

Affiliate of holder of general partnership units.